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Open
5 Dec 2022
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Close
7 Dec 2022
3
Allotment
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Listing
Thu, Dec 15, 2022
Price Band
₹42 per share
Issue Size
22,80,000 shares (agg. up to ₹10 Cr)
Lot Size
3,000 Shares
Listing Date
Thu, Dec 15, 2022
Latest GMP
₹25
Est. Gain
59.52%
✦ AI Insight
GMP Trend
15-12-2022₹25Est. ₹67+59.52%
14-12-2022₹28Est. ₹70+66.67%
13-12-2022₹38Est. ₹80+90.48%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 447.60x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 26.58 | 23.14 | 15.42 | 9.78 |
| Total Income | 21.40 | 37.27 | 22.80 | 13.79 |
| Profit After Tax | 1.28 | 3.02 | 2.04 | 0.57 |
| NET Worth | 8.42 | 7.13 | 4.11 | 1.65 |
| Reserves and Surplus | 2.24 | 5.07 | 2.05 | 0.02 |
| Total Borrowing | 12.13 | 10.33 | 8.13 | 7.31 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the working capital requirements | 8.34 |
| 2 | General Corporate Purposes | 0.75 |
About Arham Technologies IPO
Incorporated in 2013, Arham Technologies Limited is engaged in manufacturing of LED Smart Televisions. The company manufactures LED Televisions with different screen sizes under the brand 'STARSHINE'. The company also manufacture Fans, Air Coolers and Mixer Grinders through third-party manufacturers. Arham Technologies Limited serve under Original Equipment Manufacturer ("OEM") business models for LED Televisions. The company manufacture and supplies products as per the requirements of the customers, who then further distribute these products under their brands. Raw materials like open cells, Electronic Circuits (Mainboard), cabinets and Back Light Units (BLU) are imported from China and Hongkong. Other accessories i.e. Speakers, Stands etc. are procured from domestic suppliers in India. The company is strategically located in the new Smart City of Raipur, one of India's very first smart cities. Chhattisgarh borders seven states i.e. Odisha, Andhra Pradesh, Telangana, Maharashtra, Madhya Pradesh Uttar Pradesh and Jharkhand which gives direct market access to these states. Competitive Strengths: Strong team with experience and expertise. Organizational stability. Smooth flow of oper
Contact Details
Arham Technologies Ltd. AddressPlot No.15 Electronic Manufacturing ClusterSector 22, Village TutaAtal NagarnavaRaipur, Chhattisgarh, 492015+91 70697 66778cs@arhamtechnologies.co.inVisit Website